Precigen Free Cash Flow from 2010 to 2024
| PGEN Stock | USD 0.93 0.02 2.20% |
Free Cash Flow | First Reported 2012-03-31 | Previous Quarter -25.4 M | Current Value -16.1 M | Quarterly Volatility 16.6 M |
Check Precigen financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Precigen's main balance sheet or income statement drivers, such as Depreciation And Amortization of 6.3 M, Interest Expense of 444.6 K or Total Revenue of 5.9 M, as well as many indicators such as Price To Sales Ratio of 55.27, Dividend Yield of 0.0 or PTB Ratio of 4.45. Precigen financial statements analysis is a perfect complement when working with Precigen Valuation or Volatility modules.
Precigen | Free Cash Flow |
Latest Precigen's Free Cash Flow Growth Pattern
Below is the plot of the Free Cash Flow of Precigen over the last few years. It is the amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets. Precigen's Free Cash Flow historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Precigen's overall financial position and show how it may be relating to other accounts over time.
| Free Cash Flow | 10 Years Trend |
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Free Cash Flow |
| Timeline |
Precigen Free Cash Flow Regression Statistics
| Arithmetic Mean | (83,533,153) | |
| Geometric Mean | 75,364,830 | |
| Coefficient Of Variation | (60.97) | |
| Mean Deviation | 35,651,190 | |
| Median | (71,889,300) | |
| Standard Deviation | 50,929,746 | |
| Sample Variance | 2593.8T | |
| Range | 196.7M | |
| R-Value | (0.11) | |
| Mean Square Error | 2756.8T | |
| R-Squared | 0.01 | |
| Significance | 0.68 | |
| Slope | (1,302,661) | |
| Total Sum of Squares | 36313.7T |
Precigen Free Cash Flow History
Other Fundumenentals of Precigen
Precigen Free Cash Flow component correlations
About Precigen Financial Statements
Precigen investors utilize fundamental indicators, such as Free Cash Flow, to predict how Precigen Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Free Cash Flow | -68.5 M | -71.9 M | |
| Free Cash Flow Yield | (0.21) | (0.22) | |
| Free Cash Flow Per Share | (0.28) | (0.29) | |
| EV To Free Cash Flow | (4.78) | (5.02) | |
| Price To Free Cash Flows Ratio | (4.79) | (5.03) | |
| Free Cash Flow Operating Cash Flow Ratio | 1.02 | 1.29 |
Pair Trading with Precigen
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Precigen position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Precigen will appreciate offsetting losses from the drop in the long position's value.Moving together with Precigen Stock
Moving against Precigen Stock
| 0.62 | EWTX | Edgewise Therapeutics | PairCorr |
| 0.6 | BHC | Bausch Health Companies | PairCorr |
| 0.54 | BMY | Bristol Myers Squibb Sell-off Trend | PairCorr |
| 0.53 | GANX | Gain Therapeutics | PairCorr |
| 0.47 | GILD | Gilead Sciences | PairCorr |
The ability to find closely correlated positions to Precigen could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Precigen when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Precigen - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Precigen to buy it.
The correlation of Precigen is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Precigen moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Precigen moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Precigen can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Precigen Correlation against competitors. To learn how to invest in Precigen Stock, please use our How to Invest in Precigen guide.You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Precigen. If investors know Precigen will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Precigen listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.54) | Revenue Per Share 0.018 | Quarterly Revenue Growth (0.59) | Return On Assets (0.42) | Return On Equity (1.29) |
The market value of Precigen is measured differently than its book value, which is the value of Precigen that is recorded on the company's balance sheet. Investors also form their own opinion of Precigen's value that differs from its market value or its book value, called intrinsic value, which is Precigen's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Precigen's market value can be influenced by many factors that don't directly affect Precigen's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Precigen's value and its price as these two are different measures arrived at by different means. Investors typically determine if Precigen is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Precigen's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.